SEC’s May 5 Litecoin ETF Deadline Looms as Approval Odds Reach 79%

By: beincrypto|2025/05/05 19:30:02
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The US Securities and Exchange Commission (SEC) is set to decide on the proposed spot Litecoin (LTC) exchange-traded fund (ETF) by Canary Capital on May 5.Meanwhile, market watchers have grown increasingly optimistic. Approval odds have surged to their highest point on Polymarket since mid-March.Will the SEC Approve Litecoin ETF?BeInCrypto reported in January that Nasdaq submitted the proposed rule change (Form 19b-4) to list and trade shares of the Canary Litecoin ETF. The proposal was published for public comment in the Federal Register on February 4. This commenced the initial 45-day review period, which concluded on March 21. However, the SEC opted to extend this period by 45 days, designating May 5 as the new 90-day deadline.“Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, 6 designates May 5, 2025, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR-NASDAQ-2025-005),” the statement read.The regulator has made similar moves for other cryptocurrency ETF applications. On April 29, the SEC postponed its decision on Franklin Templeton’s spot XRP (XRP) ETF until June 17 and Bitwise’s Dogecoin (DOGE) proposal until June 15. Grayscale’s Ethereum (ETH) staking ETF also faced the same fate.Earlier, on April 24, the regulator delayed decisions on Bitwise’s Bitcoin (BTC) and Ethereum ETFs and Canary Capital’s Hedera (HBAR) ETF. The new deadlines are now on June 10 and 11, respectively.Similarly, Grayscale’s application to convert its Polkadot (DOT) Trust into an ETF was also delayed. The new decision deadline is June 11.However, the SEC’s decision not to delay the Litecoin ETF beyond the 90-day deadline has drawn significant attention from the community. Bloomberg’s ETF analyst James Seyffart highlighted this in a recent post on X (formerly Twitter).“SEC went early and delayed a bunch of filings but not this,” Seyffart wrote.Despite this, he emphasized that while Litecoin might be approved sooner, a delay is still the more probable outcome.“If any asset has a chance of early approval, it’s Litecoin IMO. Personally think a delay is more likely but def something to watch,” he added.Previously, the analyst estimated that the Litecoin ETF had the highest chance of approval, 90%, among all altcoin ETFs. This prediction seems to align with market sentiment.On the prediction platform Polymarket, approval odds surged to 79%, the highest since mid-March. Additionally, the odds for approval by July saw a boost, rising to 49%.Litecoin ETF Approval Odds in 2025. Source: PolymarketA decision in favor of the ETF could pave the way for broader adoption of Litecoin, often regarded as a lighter, faster alternative to Bitcoin. Conversely, disapproval or further delay could signal continued regulatory hesitation in the crypto space. As the clock ticks, all eyes remain on the SEC’s next move.The post SEC’s May 5 Litecoin ETF Deadline Looms as Approval Odds Reach 79% appeared first on BeInCrypto.

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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